COYY vs. HIMY

Last updated Jun 4, 2026

COYY (GraniteShares YieldBOOST COIN ETF) and HIMY (Defiance Leveraged Long + Income HIMS ETF) are both exchange-traded funds - COYY is a Derivative Income fund actively managed by GraniteShares, while HIMY is a Leveraged Equities fund actively managed by Defiance. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. COYY charges 1.07%/yr vs 1.51%/yr for HIMY.

Performance

COYY vs. HIMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST COIN ETF (COYY) and Defiance Leveraged Long + Income HIMS ETF (HIMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COYY achieves a -29.65% return, which is significantly lower than HIMY's -13.23% return.

COYY

• 1D: -2.87%
• 1M: -7.38%
• YTD: -29.65%
• 6M: -39.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HIMY

• 1D: 0.00%
• 1M: 0.00%
• YTD: -13.23%
• 6M: -31.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COYY vs. HIMY - Yearly Performance Comparison

	2026 (YTD)	2025
COYY GraniteShares YieldBOOST COIN ETF	-29.65%	-33.62%
HIMY Defiance Leveraged Long + Income HIMS ETF	-13.23%	-47.75%

Correlation

The correlation between COYY and HIMY is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025	0.35

Return for Risk

COYY vs. HIMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST COIN ETF (COYY) and Defiance Leveraged Long + Income HIMS ETF (HIMY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COYY	HIMY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.74	-0.71	-1.03

Drawdowns

COYY vs. HIMY - Drawdown Comparison

The maximum COYY drawdown since its inception was -58.58%, smaller than the maximum HIMY drawdown of -76.38%. Use the drawdown chart below to compare losses from any high point for COYY and HIMY.

Drawdown Indicators

	COYY	HIMY	Difference
Max Drawdown Largest peak-to-trough decline	-58.58%	-76.38%	+17.80%
Current Drawdown Current decline from peak	-58.58%	-74.01%	+15.43%
Average Drawdown Average peak-to-trough decline	-35.21%	-53.64%	+18.43%

Volatility

Volatility by Period

	COYY	HIMY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.39%	92.97%	-56.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.39%	92.97%	-56.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.39%	92.97%	-56.58%

COYY vs. HIMY - Expense Ratio Comparison

COYY has a 1.07% expense ratio, which is lower than HIMY's 1.51% expense ratio.

Dividends

COYY vs. HIMY - Dividend Comparison

COYY's dividend yield for the trailing twelve months is around 386.46%, more than HIMY's 102.38% yield.

Position	TTM	2025
COYY GraniteShares YieldBOOST COIN ETF	386.46%	132.14%
HIMY Defiance Leveraged Long + Income HIMS ETF	102.38%	81.61%

Frequently Asked Questions

Can I hold both COYY and HIMY in my portfolio?

COYY and HIMY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COYY or HIMY?

On fees, COYY is cheaper at 1.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COYY or HIMY?

COYY is cheaper with a 1.07% expense ratio, compared with 1.51% for HIMY.

Which ETF pays a higher dividend yield, COYY or HIMY?

COYY has the higher dividend yield at 386.46%, compared with 102.38% for HIMY.

What is the main difference between COYY and HIMY?

COYY is categorized as Derivative Income, while HIMY is Leveraged Equities. They also come from different issuers: GraniteShares and Defiance. Their fees differ too: 1.07% for COYY and 1.51% for HIMY.